Hey KGC, We'd like to borrow some WAM
posted on
Feb 10, 2009 07:57AM
Probably my biggest problem with VIT, especially the last 18 months, is their relative lack of working capital vrs. prospective drilling prospects. I appreciate KGC logically would desire continuing their equity issues thereby increasing their shareholder percentage, however, increased positive drilling results derived from debt financing would be beneficial to both. Seems to me there must be some happy medium. Would love for VIT to focus on their strength: just drill baby!!!!!
http://www.miningweekly.com/article....